Welcome to our November newsletter!

Last Month was action-packed, and we’re excited to fill you in on the highlights. On a side note, our team is growing rapidly - don’t miss your chance to be part of it. Head over to our careers page to apply now!

Latest Events

InfStones Attends Permissionless III!

InfStones was thrilled to attend Permissionless III, one of the largest DeFi and Web3 conferences hosted by Blockworks and co-hosted by Bankless. Held from October 9-11, 2024, in Salt Lake City, the event gathered over 7,000 attendees and featured thought-provoking discussions on scaling solutions, restaking, AI in crypto, and Bitcoin Layer-2. InfStones was represented by key team members, including Sili, Promit, Faris, and Parker, who engaged with major players like Fidelity, JPMorgan, and Mastercard. The event also provided a great opportunity to build relationships and participate in inspiring activities like the 36-hour hackathon. InfStones is excited to implement new ideas and looks forward to what's next in blockchain innovation. You can read the full recap article here.

Now Trending

Simplifying Proof of Liquidity - Berachain Primer

Berachain is an EVM-compatible Layer-1 blockchain, designed to revolutionize DeFi through its Proof of Liquidity (PoL) consensus and tri-token model. Unlike traditional Proof of Stake systems that misaligned incentives between validators and applications, Berachain ensures balanced rewards for validators, users, and apps. Since its 2021 launch, Berachain has gained traction, attracting over one million wallets in just over a week during its testnet phase. Its successful fundraising rounds and strategic partnerships have positioned it as a major player in the crypto ecosystem. With a fun, community-driven origin, Berachain is set to disrupt DeFi. You can read the full article here.

Understanding EigenLayer Programmatic Incentives v1: How to Participate

EigenLayer's new Programmatic Incentives v1 rewards stakers and operators who secure Actively Validated Services (AVSs) with weekly EIGEN tokens. If you hold EIGEN from Season 2 Stakedrop, you're already set to start earning rewards. InfStones makes it easy to participate—simply delegate your staked ETH or EIGEN to InfStones on EigenLayer, and you'll automatically qualify for weekly rewards from over 15 AVSs. In addition to EigenLayer rewards, InfStones offers an exclusive loyalty program for extra incentives. Read the full article here.

Karak Restaking Protocol Launches V2 Mainnet

Karak has launched its V2 Mainnet, accelerating its vision of universal security and restaking across any asset and network. Building on the success of its V2 Testnet—which secured over $1 billion and onboarded 240,000+ users—Karak V2 introduces significant features like slashing mechanisms and simplified contract designs. The phased launch includes asset migration, staking, operator delegation, and will eventually enable rewards streaming to operators and stakers. InfStones is proud to be a partner operator for Karak Network, supporting the network’s security and the advancement of innovative distributed systems.

Simplifying Jito’s Solana Restaking Protocol

Restaking enables users to stake tokens on both the main blockchain and other protocols, securing multiple networks at once. By tapping into the underlying network’s security, applications like oracles and bridges avoid managing their own validator sets, leaving them free to focus on development while providing stakers with additional rewards. However, restaking also adds slashing risks, as stakers take on increased commitments. Jito, a Solana-native platform, expands restaking options for Solana by allowing diverse SPL tokens and providing innovative liquidity via Vault Receipt Tokens (VRTs). Partnered with InfStones, Jito's Restaking platform delivers a unique, flexible staking solution that enhances Solana’s DeFi ecosystem with lower risk and customized staking options. Read the full article here.

StackingDAO Launches Co-Branded Liquid Staking Dashboard with InfStones

StackingDAO, a leading Liquid Stacking solution for Bitcoin’s Stacks Layer 2 network, has launched a dedicated co-branded Stacking dashboard in partnership with InfStones. This streamlined dashboard allows users to easily stack their STX tokens with InfStones, enhancing returns through Liquid Stacking. By Stacking STX via StackingDAO, users receive stSTX, a liquid representation of their stacked tokens that accrues value as Stacking rewards are collected. This innovation circumvents the traditional 90k STX Stacking minimum, providing immediate liquidity and enabling users to participate in DeFi activities across the Stacks ecosystem. Launched on November 1st, 2024, this collaboration marks a significant step in making Stacking more accessible. InfStones is proud to collaborate with StackingDAO as a node operator, supporting the network’s security and contributing to the growth of the Stacks community.